HOUSTON PREMIUM OUTLETS

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CYPRESS, TEXAS

PROPERTY OVERVIEW HOUSTON PREMIUM OUTLETS CYPRESS, TX MAJOR METROPOLITAN AREAS Houston: Austin: San Antonio: New Orleans, LA: RETAIL GLA (sq. ft.) 542,000; 148 stores OPENING DATE Opened March 2008 Expanded 2010 PARKING RATIO 5.22:1 RADIUS POPULATION 30 miles 130 miles 200 miles 375 miles SELECT TENANTS Saks Fifth Avenue OFF 5TH, Ann Taylor Factory Store, Armani, Banana Republic Factory Store, Burberry, Calvin Klein Company Store, Coach, Cole Haan Outlet, David Yurman, DKNY Company Store, Elie Tahari Outlet, Elizabeth Arden, Escada, Forever 21, kate spade new york, LACOSTE Outlet, Michael Kors Outlet, Nike Factory Store, Robert Graham, St. John, TAG Heuer, Talbots, Theory, Tory Burch, True Religion, and many more exciting retailers. TOURISM / TRAFFIC Houston is the 4th largest city in the U.S. and the most populous city in Texas with a population of over 5.7 million in the trade area and 6.3 million in the metro area. Houston, known for its oil and gas industries, also has the 2nd highest number of Fortune 500 companies after New York City. Houston s Texas Medical Center is the largest medical center in the world with over 4.8 million patient visits annually. Three airports form the 6th largest airport network in the world serving 52+ million passengers annually. Houston is home to The Houston Texans (NFL), The Houston Astros (MLB), and The Houston Rockets (NBA). 290 San Antonio 99 Fairfield Place Mason Rd. 10 HOUSTON PREMIUM OUTLETS CYPRESS, TX Tollway completed to SR 59 290 610 45 59 610 10 Houston Pasadena 45 15 miles: 911,776 30 miles: 4,030,363 45 miles: 5,877,713 LOCATION / DIRECTIONS US 290 at Fairfield Place Road, Cypress, Texas. AVERAGE HH INCOME 3 miles: $124,287 5 miles: $120,934 10 miles: $105,892 30 miles: $92,940 From Dallas/Woodlands and Northwest Houston/Kingwood: Take 99 Grand Parkway West towards 290. Exit on Cumberland Drive and exit Cumberland Drive left onto Cypresswood Drive. From San Antonio/Katy (via 99N): 99N to US 290, exit Mason Road From Austin: I-35N to US 290E, exit Mason Road From Beaumont/Louisiana: I-10W to 610N to US 290W Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

MASTER PLAN CYPRESSWOOD DR. SAKS FIFTH AVENUE OFF 5TH NIKE FACTORY STORE CALVIN KLEIN COMPANY STORE FAIRFIELD PL. EXPRESS ADIDAS/REEBOK/ REEBOK CLASSIC FAIRFIELD FALLS WAY GAP OUTLET BROOKS BROTHERS BANANA REPUBLIC FACTORY STORE NORTH HEMPSTEAD RD. US 290

NORTH AERIAL OVERVIEW Cypresswood Dr. HOUSTON PREMIUM OUTLETS Fairfield Place Fairfield Falls Way US 290 / Northwest Fwy.

SURROUNDING AREA CENTERS Simon Centers Competition 1 Houston Premium Outlets 2 Almeda Mall 3 Deerbrook Mall 4 First Colony Mall 5 The Galleria 6 Greenspoint Mall 7 Highland Village Shopping Center 8 Katy Mills 9 La Centerra at Cinco Ranch 10 Market Street at The Woodlands 11 Memorial City Mall 12 Northwest Mall 13 Outlets at Conroe 14 Pearland Town Center 15 River Oaks Shopping Center 16 Tanger Outlets Galveston/Houston 17 Town & Country Village 18 The Village Arcade 19 West Oaks Mall 20 Willowbrook Mall 21 The Woodlands Mall Caldwell Carmine Round Top Oakhurst Lake Bryan Livingston Huntsville West Livingston Indian Sp Bryan Cape Royale Goodrich College Station Coldspring New Waverly Snook Anderson Shepherd Big Thicket Lake Millican 45 MILES Navasota Willis Montgomery Panorama Village 13 Somerville North Cleveland Cut and Shoot Cleveland 30 MILES Conroe Todd Mission Splendora Magnolia Woodloch Patton Village Plum Grove Burton Pinehurst Shenandoah Roman Forest 15 MILES Brenham Oak 20 Ridge North 10 21 20 Porter Heights Dayton Lakes Stagecoach Tomball The Woodlands Hempstead Prairie View Waller Spring Liberty Pine Island Houston Ame Industry 1 3 Humble Atascocita Dayton Bellville 20 19 6 Fayetteville Jersey Village Aldine Crosby Barrett Old River-Winfree Sheldon Mont Belvieu Columbus Glidden Eagle Lake Pattison Highlands Cove San Felipe Katy Hilshire Village 12 Cloverleaf Channelview Sealy Brookshire 8 11 11 Bunker 17 16 Hill Village 15 Jacinto City Brazos Country Cinco Ranch 15 Galena Park Baytown 9 West University Place 7 19 18 Mission Bend Southside 5 17Place Beach City 18 Deer Park Simonton Fulshear Four Corners Meadows Place Morgan's Point Weston Lakes South Houston La Porte Wallis Pecan Grove Pasadena 2 Shoreacres Orchard Fifth Street Cumings New Territory 4 Brookside Village Seabrook 14 El Lago Greatwood Pearland Friendswood Clear Lake Shores East Bernard Rosenberg Missouri City Texas City League City Beasley Arcola San Leon Pleak Thompsons Sienna Plantation Manvel Kendleton Fairchilds Iowa Colony Dickinson 16 Alvin Hungerford Needville Hillcrest Santa Fe La Marque Rosharon 12 Bayou Vista Wharton Bonney Liverpool Tiki Island Damon Hitchcock Boling Iago Galveston Danbury Holiday Lakes 3

OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Willowbrook Mall 1,511,000 sf Dillard s, JCPenney, Macy s, Nordstrom Rack, Apple, H&M, Zara 15 miles / 22 minutes Memorial City Mall 1,700,000 sf Dillard s, JCPenney, Macy s, Apple, Target 25 miles / 30 minutes The Galleria 1,927,000 sf Neiman Marcus, Nordstrom, Saks Fifth Avenue, Macy s 27 miles / 40 minutes First Colony Mall 1,005,000 sf Dillard s, Macy s, JCPenney 37 miles / 40 minutes The Woodlands Mall 1,166,000 sf Dillard s, JCPenney, Macy s, Apple, Microsoft, The Cheesecake Factory 43 miles / 45 minutes Pearland Town Center 718,000 sf Barnes & Noble, Dillard s, Macy s, Sports Authority 45 miles / 50 minutes Baybrook Mall 1,240,000 sf Dillard s, Macy s, Sears, JCPenney, Forever 21, Zara 59 miles / 1 hour OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Katy Mills Katy, TX 1,790,000 sf Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH 17 miles / 20 minutes Outlets at Conroe Conroe, TX Tanger Outlets - Galveston/Houston Texas City, TX 280,000 sf Nike Clearance 57 miles / 1 hour 353,000 sf Coach, Calvin Klein, Nike, Old Navy 75 miles / 1 hour 18 minutes

60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).